Common use of Illegality or Unenforceability Clause in Contracts

Illegality or Unenforceability. Any provision of this Agreement prohibited by or rendered unlawful by or unenforceable under any applicable law actually applied by any court of competent jurisdiction shall, to the extent required by such law, be severed from this Agreement and rendered ineffective insofar as it is possible without modifying the remaining provisions of this Agreement. Where, however, the provisions of any such applicable law may be waived, they are hereby waived by the parties to the full extent permitted by such law to the intent that this Agreement shall be valid and binding and enforceable in accordance with its terms.

Appears in 2 contracts

Sources: Lease Agreement, Lease Agreement

Illegality or Unenforceability. Any provision of this Agreement prohibited by or rendered unlawful by or unenforceable under any applicable law actually applied by any court of competent jurisdiction shall, to the extent required by such law, be severed from this Agreement and rendered ineffective insofar as it is possible without modifying the remaining provisions of this Agreement. Where, however, the provisions of any such applicable law may be waived, they are hereby waived by the parties to the full extent permitted by such law to the intent end that this Agreement shall be a valid and binding and agreement enforceable in accordance with its terms.

Appears in 1 contract

Sources: Lease Agreement (Goldman Sachs Group Inc)